TAP Electrical Contracting Service, who has won an award for Hurricane Sandy Relief Project work at the Fulton Street transit substation, has secured a field office at 116 Nassau Street in Manhattan.
The firm signed a 6,134 s/f lease for an office within the 140,000 s/f property owned by Abacus Federal Savings Bank. The asking rent in the building was $36-per-square-foot.
Elliot Zelinger and Jesse Topal of Savitt Partners represented TAP Electrical Contracting Service in the transaction while David Danick, Greg Gang, and Catherine O’Toole of CBC Alliance represented the owner.
“TAP Electrical has done a lot of good work in Manhattan, especially after Hurricane Sandy,” notes Zelinger. “The firm is based in Long Island but needed to have a presence closer to its Manhattan projects. 116 Nassau Street offered the best space in the most convenient location.”
Built in 1910, 116 Nassau Street is a 12-story office property that boasts abundant natural light, oversized windows, and high ceilings. The building is centrally located close to several major transit hubs.